Filing Details
- Accession Number:
- 0001140361-22-040949
- Form Type:
- 13D Filing
- Publication Date:
- 2022-11-09 19:00:00
- Filed By:
- Golar Lng Ltd
- Company:
- New Fortress Energy Inc.
- Filing Date:
- 2022-11-10
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Golar LNG Limited | 10,220,368 | 0 | 10,220,368 | 0 | 10,220,368 | 4.9% |
Filing
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
New Fortress Energy Inc.
(Name of Issuer)
(Name of Issuer)
Class A Common Stock, par value $0.01 per share |
(Title of Class of Securities) |
644393100 |
(CUSIP Number) |
Mi Hong Yoon
2nd Floor, S.E. Pearman Building
9 Par-la-Ville Road
Hamilton, HM 11
Bermuda
+1 (441) 295-4705
2nd Floor, S.E. Pearman Building
9 Par-la-Ville Road
Hamilton, HM 11
Bermuda
+1 (441) 295-4705
with a copy to:
David P. Oelman Vinson & Elkins L.L.P. 845 Texas Avenue, Suite 4700 Houston, Texas 77002 (713) 758-2222 |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
November 10, 2022 |
(Date of Event which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following
box. ☐
Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934, as amended (the “Act”) or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1 | NAMES OF REPORTING PERSONS | | | ||
Golar LNG Limited | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
| | ||||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | | | ||
| | | |||
| | ||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) | | ☐ | ||
| | ||||
| | ||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
Bermuda | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | | | |
10,220,368 | | | |||
| | ||||
8 | SHARED VOTING POWER | | | ||
0 | | | |||
| | ||||
9 | SOLE DISPOSITIVE POWER | | | ||
10,220,368 | | | |||
| | ||||
10 | SHARED DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
10,220,368* | | | |||
| | ||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | ☐ | ||
| | ||||
| | ||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | ||
4.9%* | | | |||
| | ||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
CO | | | |||
| |
* | Calculation of percentage based on a total of 208,770,088 Class A Common Shares (as defined in Item 1) issued and outstanding as of November 4, 2022. |
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Explanatory Note
This Amendment No. 2 to Schedule 13D relates to the Class A common stock, par value $0.01 per share (the “Class A Common Stock”), of New Fortress Energy Inc., a Delaware corporation (the “Issuer”) and amends and
supplements the information set forth in the Schedule 13D filed by the Reporting Person with the United States Securities and Exchange Commission on April 23, 2021, as amended by Amendment No. 1 thereto filed with the SEC on April 7, 2022 (the
“Original Schedule 13D” and together with this Amendment No. 2, the “Schedule 13D”).
Except as set forth herein, this Amendment No. 2 does not modify any of the information previously reported in the Original Schedule 13D. All capitalized terms contained herein but not otherwise defined shall have the
meanings ascribed to such terms in the Original Schedule 13D. This Amendment No. 2 constitutes an exit filing of the Reporting Person in respect of the Class A Common Stock previously reported as beneficially owned by the Reporting Person.
Item 2. | Identity and Background |
(a., b., c. and f.) This Schedule 13D is being filed on behalf of Golar LNG Limited, a Bermuda corporation (“Golar”). Golar is referred to as the “Reporting Person.”
(i) Golar: The address of Golar’s principal place of business is 2nd Floor, S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The
principal business of Golar is to design, build, own and operate marine infrastructure for the liquefaction and regasification of liquified natural gas.
The name, citizenship, residence or business address and present principal occupation of each director and executive officer of Golar and the name, principal business and address of any corporation or other organization
in which their employment is conducted is set forth below. Unless otherwise indicated, the present principal occupation of each person is with Golar. If no business address is given, the director’s or executive officer’s business address is 2nd
Floor, S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.
Tor Olav Trøim | Chairman | Mr. Trøim is a citizen of Norway. |
Daniel Rabun | Director | Mr. Rabun is a citizen of the United States of America. |
Thorleif Egeli | Director | Mr. Egeli is a citizen of Norway. |
Carl Steen | Director | Mr. Steen also serves as a director of Wilhemsen Holding ASA and RS Platou ASA. Mr. Steen is a citizen of Norway. |
Niels Stolt-Nielsen | Director | Mr. Stolt-Nielsen is also the director and chief executive officer of Stolt-Nielsen Limited and is the Chairman and founding investor of Avance Gas. Mr. Stolt Nielsen is a citizen of Norway. |
Lori Wheeler Naess | Director | Ms. Wheeler Naess is a citizen of the United States of America. |
Georgina Sousa | Director | Ms. Sousa is a citizen of the United Kingdom. |
Karl Fredrik Staubo | Chief Executive Officer of Golar Management | Mr. Staubo is a citizen of Norway. |
Eduardo Maranhão | Chief Financial Officer of Golar Management | Mr. Maranhão is a citizen of Brazil. |
Ragnar Nes | Chief Operating Officer of Golar Management AS | Mr. Nes is a citizen of Norway. |
Erik Svendsen | Chief Technical Officer of Golar Management AS | Mr. Svendsen is a citizen of Norway. |
(d. and e.) To the best knowledge of the Reporting Person, none of the entities or persons identified in this Item 2, has, during the past five years, been convicted of any criminal proceeding (excluding traffic
violations or similar misdemeanors), nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
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Item 5. | Interest in Securities of the Issuer. |
(a.) – (b.) The aggregate number and percentage of Class A Common Shares beneficially owned by the Reporting Person (on the basis of a total of 208,770,088 Class A Common Shares outstanding as of November 4, 2022 as
reported by the Issuer in its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022), are as follows:
(a.) Amount beneficially owned: 10,220,368 Percentage: 4.9%
(b.) Number of Class A Common Shares to which the Reporting Person have:
i. Sole power to vote or to direct the vote: 10,220,368
ii. Shared power to vote or to direct the vote: 0
iii. Sole power to dispose or to direct the disposition of: 10,220,368
iv. Shared power to dispose or to direct the disposition of: 0
(c.) Transactions by the Reporting Persons in shares of Class A Common Stock of the Issuer in the last sixty days are as follows:
Transaction Date | Shares Sold | Price Per Share |
11/1/2022 | 50,000 | $55.4887(1) |
11/2/2022 | 1,450,000 | $55.7911(2) |
11/3/2022 | 302,977 | $55.7971(3) |
11/4/2022 | 39,106 | $58.2879(4) |
11/8/2022 | 365,000 | $55.7503(5) |
(1) The price reported is a weighted average price. These shares were sold in multiple transactions on the open market through a broker on November 1, 2022 at prices ranging from $54.9500 to $56.0500, inclusive.
(2) The price reported is a weighted average price. These shares were sold in multiple transactions on the open market through a broker on November 2, 2022 at prices ranging from $54.5100 to $57.0500, inclusive.
(3) The price reported is a weighted average price. These shares were sold in multiple transactions on the open market through a broker on November 3, 2022 at prices ranging from $54.4973 to $56.6700, inclusive.
(4) The price reported is a weighted average price. These shares were sold in multiple transactions on the open market through a broker on November 4, 2022 at prices ranging from $56.8000 to $60.3200, inclusive.
(5) The price reported is a weighted average price. These shares were sold in multiple transactions on the open market through a broker on November 8, 2022 at prices ranging from $54.1750 to $60.0037, inclusive.
(d.) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any of the Class A Common Shares beneficially owned by the
Reporting Person, other than as described herein.
(e.) As of November 8, 2022, the Reporting Person ceased to be the beneficial owner of more than five percent of the outstanding Class A Common Stock.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
November 10, 2022
GOLAR LNG LIMITED | ||
By: | /s/ Eduardo Maranhão | |
Name: | Eduardo Maranhão | |
Title: | Chief Financial Officer |
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